April 10, 2019, WALTHAM, Mass. — This month, Home Value Forecast examines the recent speculation about a slowing of the housing market nationwide. Recent data and our monthly market report appear to support this conclusion.
Last year, 12.6% of markets had Months of Remaining Inventory (MRI) below three months, but that has reduced to 3.1% of the markets today. Another dramatic indicator is that two-thirds of the metros we track now have Months or Remaining Inventory between four and eight months, the range normally accepted as a healthy and balanced housing market.
In this month’s report, we look at the MRI trends nationwide, as well as the month’s Top Ten Hottest Markets.
Click here to read the entire report, including data and graphs that further highlight market trends discussed in this release.
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